About loanDepot
loanDepot is a Real Estate & Construction company based in Walpole (United States) founded in 1988, and was acquired by loanDepot in November 2014. Mortgage and refinancing services are provided by loanDepot. It operates on a Brokerage / Intermediation model. loanDepot offers products and services including Fixed Rate Mortgage, Home Equity Loan, and Cash Out Refinance. Its focus areas include Financial Services, Banking and Mortgage Lending. Its legal entity is loanDepot.com, LLC. Its competitors include Redfin and Compass; 2 of its 2 listed competitors have raised funding.
Company details
Mortgage and home loan refinancing services are offered by loanDepot. Various mortgage types, including fixed rate and adjustable rate mortgages, are provided. Home equity loans and cash-out refinance options are also available to support homeowners. The company operates in the financial services sector, focusing on mortgage lending and personal loans. Tools and resources for homebuyers, such as calculators and educational content, are included in their offerings. A mobile app is maintained for easy account management.
Products & Services of loanDepot
loanDepot offers a comprehensive portfolio of products and services, including Fixed Rate Mortgage, Home Equity Loan, and Cash Out Refinance.
Fixed rate mortgages are offered for home purchases.
Home equity loans are provided for cash needs.
Cash out refinance options are available for homeowners.
Apps and channels of loanDepot
its YouTube channel loanDepot has 4.91K subscribers and 30 videos.
Videos from loanDepot
The most watched videos on loanDepot's YouTube channel, loanDepot (4.91K subscribers). Click a video to play it here.
More on loanDepot.
Funding Insights of loanDepot
- Total Rounds 2
- Last Round Unspecified — $700,000
- First Round $380,000
(Jun 2020)
- Investors Count 3
All 2 funding rounds of loanDepot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $700,000 | Unspecified | – | Woon Young Jeong | |
| Jun 2020 | $380,000 | Unspecified | – | – | – |
4 investors in total: 1 institutional and 3 angel.
Investors in loanDepot
loanDepot has secured backing from 4 investors, including angel investors. Prominent investors backing the company include loanDepot, Woon Young Jeong and Bala Swaminathan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
WY Woon Young Jeong | unknown_76e90561b4bc463a9 | |||
BS Bala Swaminathan | unknown_dfcf7ea863814765b | |||
AL Andy Lim | unknown_deac4066031a4c33b | |||
Consumer loans for personal and home needs are provided online. | 2010 | loandepot.com | Lake Forest, United States |
Investor details for loanDepot
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of loanDepot
4 dated milestones of loanDepot across 33 years, from founding to its latest funding, stage changes and deals.
- Founded loanDepot is founded.
- Exit Acquired by loanDepot.
- Funding First funding round of $380K.
- Funding Latest funding round, Unspecified, of $700K.
Competitors of loanDepot
loanDepot has 2 listed competitors in our database, 2 of them funded. They include Redfin and Compass.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redfin.com | 2004 | Seattle, United States | $166.06M | 5,572 | Residential properties are listed and brokered through an online platform. | |
| compass.com | 2012 | New York, United States | $1.51B | 2,549 | Online brokerage for residential properties is facilitated via mobile apps. |
Detailed competitors of loanDepot
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of loanDepot
Websites that share an audience with loanDepot (mortgagemaster.com).
Websites whose visitors overlap most with loanDepot. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mortgagemasterwa.com | mortgagemasterwa.com | 100% | – | ||
guaranteedrate.com | guaranteedrate.com | 98% | #523,510 | – | |
| mortgagenetwork.com | 66% | View details | |||
| centennial-lending.com | 63% | 6.4K | #2,779,993 | View details | |
| rmsmortgage.com | 29% | 1.1K | #12,878,950 | View details |
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as loanDepot (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Frequently Asked Questions about loanDepot
loanDepot was founded in 1988 and raised its 1st funding round 32 years after it was founded.
loanDepot is headquartered in Walpole, United States. It is registered at Walpole, Massachusetts, United States.
Mortgage and home loan refinancing services are offered by loanDepot. Various mortgage types, including fixed rate and adjustable rate mortgages, are provided. Home equity loans and cash-out refinance options are also available to support homeowners. The company operates in the financial services sector, focusing on mortgage lending and personal loans. Tools and resources for homebuyers, such as calculators and educational content, are included in their offerings. A mobile app is maintained for easy account management.
loanDepot offers Fixed Rate Mortgage, Home Equity Loan, and Cash Out Refinance.
loanDepot has 4 investors. Key investors include loanDepot, Woon Young Jeong, Bala Swaminathan, and Andy Lim.
loanDepot operates through Loandepot.Com, Llc.
Yes. loanDepot was acquired by loanDepot in November 2014.